Gold reached the goal

The initial goal of the gold finally reached at $1,280. The Bulls could secure the profit or protect their long position by moving stop just below $1,250. The price could move higher toward the $1,300 as psychological number usually work as a magnet to attract the price.

Today critical level to watch:

Support: $1,260, $1,250, $1,244, $1,237, $1,233, $1,229

Resistance: $1,280, $1,300

Silver found support

Similar to gold, the price of the silver stage a rally above the pin bar candlestick and with strong momentum. The price ready to challenge $18.50 resistance level and open way higher. Long position was best taken after the break and re-test of the $18.50 level. A short trader could observe bearish pattern near $18.50.

Today critical level to watch:

Support: $18.00, $17.80, $17.50, $17.20, $17.00

Resistance: $18.50, $18.95

Crude oil no pause above $52.40

The breakout above $52.40 bought by the bull yesterday. The price made a little retrace initially but when it has not reached $52.40 the bull returned and pushed the price higher than the Monday high. Crude oil bull is targeting the $54.50 handle which will be reached soon.

Today critical level to watch:

Support: $52.40, $51.50, $50.00

Resistance: $54.50, $55.00